Lai told a meeting of his ruling Democratic Progressive Party, of which Lai is chairman, that he understood the tariffs were a matter of great concern but the government has conducted simulations of the impact to prepare a response plan.
Speaking to an event at the Republican National Congressional Committee, Trump criticized former president Joe Biden's administration for providing a $6.6 billion grant to TSMC's U.S. unit for semiconductor production in Phoenix, Arizona, saying semiconductor companies don't need the money. (Reporting by Nandita Bose; Writing by Ryan Patrick Jones; Editing by Sandra Maler)
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